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6 Richmond Drive, Shrewsbury, SY3 8TR - Image 1
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6 Richmond Drive, Shrewsbury, SY3 8TR

West Midlands

£295,000
Listed on 12/03/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1064 sqft

Description

This semi-detached house is positioned in a desirable residential area, renowned for its community appeal and close proximity to local amenities, including good schools and transport links. The property offers ample living space with well-sized rooms that present a promising opportunity for modernisation and personalisation. Ideal for those who wish to implement their own design ideas, it features a welcoming entrance hall leading into two traditional reception rooms, complemented by a kitchen and conservatory that overlooks the expansive rear garden. The first floor hosts three bedrooms along with a family bathroom and separate WC. The generous outdoor space includes a substantial front driveway providing off-road parking in addition to a garage, which may require some renovation. The gardens are well-sized and present significant potential for landscaping or even expansion of the property (subject to necessary permissions). While the house is currently dated and requires thorough refurbishment throughout, it stands as an excellent canvas for buyers looking to invest in a home that can be customised to their tastes.

Investment Analysis

(SY3 area)

Below Market Value

This property is priced -12.4% below area average per sq ft

-12.4%
Potential saving
This Property
£277/sq ft
Area Average
£317/sq ft
Avg Rent (weekly)
£235
Avg Yield
3.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£370,549
10% above area average per sq ft
Potential ROI
+7.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
45
Average per month
Market Turnover
44%
Properties sold annually

Local Market Trend (SY3)

Area prices are rising by +4.3% over the last 12 months
3 year growth: +6.7%
5 year growth: +21.7%
Investment Disclaimer: Analysis based on SY3 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

6 Richmond Drive, Shrewsbury, SY3 8TR
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,064
Based on a loan of £221,250 over 30 years at 4.06% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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